Cost and Revenue

Tugas Ekonomi mikro  

	Costs Facing Firms
	Output '000	Total Fixed Costs £'000 (do not change with output)	Total variabel costs £'000 (vary directly with output)	Total costs £'000 (FC+VC)	Average Variabel Costs £ (TVC/Q)	Average Fixed Cost £ (TC/Q)	Average Total Cost £ (TC/Q)	Marginal cost £ (change in TC/change in output)
	1	300	75	375	75	300	375
	2	300	145	445	72,5	150	222,5	70
	3	300	210	510	70	100	170	65
	4	300	295	595	73,75	75	148,75	85
	5	300	465	765	93	60	153	170
	6	300	855	1155	142,5	50	192,5	390
Revenue and Profit
	Output '000	Total Cost £ '000	Selling Price £	Total revenue £'000 (selling price × quantity)	Avarage revenue £ (Total revenue / quantity)	Profit £'000 (total revenue - total cost)
	1	275	205	205	205	-70
	2	345	185	370	185	25
	3	410	165	495	165	85
	4	495	145	580	145	85
	5	665	125	625	125	-40
	6	1055	105	630	105	-425
	Nama:	NABILA
	NIM:	240907501011
	Kelas:	A